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Hungary intends to receive control equipment from France or Russia for its Paks-II NPP project if Germany refuses to honour its commitments in this regard. The equipment was to be supplied by a consortium including France’s Framatome and Germany’s Siemens Energy. However, Siemens is still waiting for a licence from the German authorities to participate in the project.

Date: Saturday, 04 March 2023
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Hungary’s Minister of Foreign Affairs and Foreign Economic Relations, Peter Szijjarto, has said that he expects the Franco-German consortium Framatome SAS - Siemens AG to provide equipment for the Paks II NPP project in accordance with agreements. Paks II, comprising two VVER-1200 reactors, is being built by Rosatom. "The control technology for the new nuclear power plant will be supplied by a German-French consortium, in which Germany's Siemens plays a leading role. It will supply the most important control equipment," Szijjártó told journalists.

Date: Saturday, 15 October 2022
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Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.

Date: Friday, 14 October 2022
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The CEO of German energy industry giant Siemens, Peter Löscher, has publicly stated that the company will withdraw its remaining nuclear power offerings and leave the industry. His announcment came during an interview with German newspaper Der Spiegel. Siemens played a major part in the expanding nuclear deployment of the 1970s and 1980s. The Kraftwerk Union technology became part of the entire German nuclear fleet, while reactors were also exported to Argentina (Atucha 2), the Netherlands (Borssele), Switzerland (Goesgen) and Spain (Trillo 1).

Date: Thursday, 22 September 2011
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